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f • <br /> plus an escrow account for bike path) would all • <br /> have to be in place betore the third building • <br /> would receive a certificate of occupahclr. <br /> The developer stated that market studies indicated <br /> that this is a viable project in this area ,end <br /> although there is a phasing plan, it is the intent <br /> of the developer to have the entire project <br /> completed in approximately one year . <br /> Mohr stated that the General Development Plan with <br /> Hamart including this parcel of land was adopted <br /> in 1984 and allows for high density multi-family : <br /> development at this location. Mohr asked Franklin'` <br /> to list the criteria for which Council is to <br /> consider for approval of this project . Fraattift '= <br /> listed those items outlined by Ordinance in X : .Yt' <br /> City Municipal Code concerning items and 110044 s <br /> be ccasidered In approving any OevOlOsennt Ca <br /> le fee .Baal PM. Those items leciudS 1) ' • <br /> consistency with the Comprehensive Plan; 2) <br /> determining if the property is in the tiou4 ptata . � <br /> or in an area of subsidence; 3) provision for open <br /> space; 4) adequate street design; b) sufficient <br /> landscape plans and buffering; 6) orientation of <br /> site and lot arrangement; and 1) compatibility of <br /> buildings of surrounding designs and <br /> neighborhoods. <br /> Mohr stated that staff has recommended approval <br /> based on the fact that all of the <br /> requirements/criteria for approval of final Pt1D <br /> for this project have been Met. Mohr asked <br /> Franklin if market studies are to be considered. <br /> Franklin Stated that there are no provisions <br /> within the City's code to consider market studies. <br /> Williamson concurred that marketing Lsauta are not <br /> appropriate issues to review at the PUD stage. <br /> Perrera stated that traffic impact studies were <br /> addressed at the time of approval of the General <br /> Development Plan. Franklin concurred stating that <br /> the studies contributed to the establishment of <br /> the Design Guidelines for Dillon Road. Densities, <br /> number of units and type of land use is <br /> established through the zoning and general <br /> development plan process. <br /> Ferrera stated that if the project is not <br /> economically feasible the banks will not provide <br /> the money for the project. All other questions <br /> have been answered to Ferrera's satisfaction. <br /> Sackett asked what other uses are approved tor <br /> this parcel . Franklin responded that this is a <br /> 1) <br />